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TopicStock Topic 34
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11/10/21 11:25:12 AM
#175:


Anyway the thing to realize with FUBO is short sellers have their eyes on it because they do think it won't be a profitable business model and it'll continue hemorrhaging funds until the stock goes bankrupt or dilutes to death.

You're basically playing the attrition game with it if you think they're making smart moves the EPS will go eventually flip positive.

I think selling puts/calls is the right play for now, but that first earnings where they're flirting with positive EPS (which was not this one and honestly wasn't that likely to be this one-- no real reason they'd have enough of an uptick in subs and the sports book isn't going to have revenue yet on this ER) it's going to fly super hard imo.

I'm glad it's tanking because if BBIG plays out as I think it will, I'm going to have a LOT of money come January and that means a ton of FUBO at cheap prices because I don't think it bounces till next earnings run-up.

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